Mortgage Refinancing
Refinance your mortgage to secure better rates, reduce repayments, or access your home’s equity for your financial goals.
Owner occupied deals From 5.99% p.a. Comparison Rate* 6.01% p.a.
* The comparison rate is based on a loan amount of $150,000, over a 25 year term. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Mortgage Refinancing Home Loans – Unlock Savings & Financial Flexibility
Is your current home loan still working for you? At Beyond Broking, we understand that personal circumstances and loan products change over time. Regularly reviewing your mortgage can help you pay less and save more. Our free home loan health checks ensure you’re getting the lowest interest rates, the right loan structure for your lifestyle, and the financial flexibility you need. Discover better rates, faster repayment options, and easy redraws—unlock your mortgage’s full potential with Beyond Broking.
Unlock Your Equity
We assist in evaluating your available equity, which can be utilised to secure more competitive loan offers and terms.
Access To Over 50 Lenders
We give our clients greater choice, accessing more deals and therefore able to find the most competitive rates and terms.
Accounting Backgrounds
Our broad experience in the accounting and finance field allow us to help our clients identify home loan saving opportunities.
Our Mortgage Refinancing Services
Free Property Valuations
This is the first step in determining if refinancing will be a cost-effective solution for you. How much is your property now worth versus how much you owe.
Interest Rate Negotiation
Based on your situation we then talk to our lenders and make sure you’re getting the best deal possible for your personal situation.
Choice
With over 50 lenders to choose from, we present you with the best options. It may be a simple rate negotiation with your current bank or a complete refinance with a different lender.
Portfolio Restructuring
The correct structure of your portfolio may be the difference in saving thousands. We’ll review it and provide you with any recommendations.
Cash Back Offers
We keep abreast of the latest offers available in the market to ensure you take advantage of deals or cashback offers your may be eligible for.
Periodic Reviews
It is important to us that our clients remain well priced in the market all times, so we make it our responsibility to do periodic reviews on your behalf.
Complimentary Home Loan Health Check
Our home loan health check is a quick and simple way to determine if there are more competitive offers or products available in the market that can better meet your needs, plus save you on your repayments each year. You can expect to learn:
- If you’re eligible for more competitive offers
- The value of your property to how to use your equity
- Your current LVR (loan to value ratio) and what this means for you
- Options for offsetting your fixed or variable loans
- How to streamline your debt and simplify your payments
- A plan to achieve your future goals (renovating, upgrading, investing)
This complimentary service is a great way to determine if mortgage refinancing is suitable and learn what options are available to you.
What are the benefits of Mortgage Refinancing?
- Lower Interest Rates: Refinancing can secure a lower interest rate, potentially reducing your monthly repayments and overall interest costs.
- Improved Loan Terms: You may have the opportunity to negotiate improved loan terms that better align with your financial goals.
- Access to Equity: Refinancing can provide access to the equity you’ve built in your home, which can be used for investment, home renovations, or other financial needs.
- Debt Consolidation: Consolidating high-interest debts into your mortgage can result in lower overall interest payments.
- Financial Flexibility: Tailored refinancing can offer increased financial flexibility, allowing you to better manage unexpected expenses or changes in your financial situation.
- Better Loan Features: You can explore loan products with features such as offset accounts, redraw facilities, or flexible repayment options.
- Debt Repayment Acceleration: Refinancing can help you accelerate your debt repayment strategy, helping you achieve financial freedom sooner.
Our Approach: First Home Buyer Loans
FAQs
Frequently Asked Questions
We’ll need a few items from you to start the process which may include but are not limited to:rnrnProof of income (pay slips and bank statements)rnA deposit backed by a proven savings historyrnA good credit history (we can still help if you don’t)
Commercial lending is typically more restrictive to residential lending and that is reflected in a higher deposit requirement. At least 20% plus purchase costs will be required for purchase but in some cases utilising residential property as security for the purchase can reduce this.
The assessment of this is generally different to a residential loan. In order for us to be able to calculate this we would need to assess your full financial situation.
As well as the normal fees associated with the purchase of property like stamp duty and conveyancing you will need to plan for more expensive lender related costs including valuations, application and settlement fees. It is also worth noting that given the inherent risk in commercial property ownership you should expect to pay a higher rate of interest and a reduced loan term relative to residential property.
Variable interest rates move up and down and normally relate to changes in official interest rates set by the Reserve Bank of Australia (RBA). A variable rate loan is beneficial when rates are on the decline.rnrnFixed interest rates don’t move. You can set (fix!) your rate for a particular period of time, normally between one and five years, and is most beneficial when interest rates are on the rise.
You should expect 15 to 20 years in repayment terms. This can be increased in some cases when utilising residential security to facilitate the purchase.